oil producers are forced to pump oil now, irrespective of what might happen in the near or far future.
saudi for instance has a population of 30m, where pre oil there was only 1m or so.
therefore the saudis are forced to pump oil for survival, if the don’t the country will implode. When Saudi oil runs out, the country will cease to exist
energy has value only at the point of use — ie converted into a loaf of bread, or used to power a plane, etc etc. Once used, it becomes dissipated and cannot be readily re used.
If we do not possess the means to utilise energy resources, but demand that those means be provided (universal transport for instance), then human nature will convince us the problem is a political one.
Political view differ, often violently, so conflict becomes inevitable. Man is an irrational creature when faced with starvation, which lack of plentiful energy will surely deliver.
That will beyond our understanding, and out of our control.
Energy, in the mechanical sense we have become used to it, becomes unusable because it will be unaffordable in the broadest sense, and i mean more than just money.
money itself is underpinned by energy resources. So we are forced to go on extracted more and more material to prop up our economic system. (as saudi above) If we cant get at the energy we need in the concentrations we need, moneyvalue ceases to exist.
Like a man riding a bike — we must go forward. Stop pedalling and you are pitched into the ditch